Suppose this works: TSMC buys 49% of Intel and Intel remains competitive. Does the US really win? The US’s major fab owner ends up with close to or actual maj

Suppose this works: TSMC buys 49% of Intel and Intel remains competitive. Does the US really win? The US’s major fab owner ends up with close to or actual majority foreign ownership, actual competition in the market would be reduced, and there would probably be even more pressure for Intel to move operations out of the US or to consolidate such that it licensed TSMC IP instead of developing its own.